$40,000 worth ETH lost under the SpankChain project

$40,000 worth ETH lost under the SpankChain project

The SpankChain, a crypto project targeting the adult industry, has lost nearly $40,000 worth Ethereum (ETH). Reportedly, 165.38 ETH were looted. The officials explained, “The attacker created a malicious contract masquerading as an ERC20 token, where the ‘transfer’ function called back into the payment channel contract multiple times, draining some ETH each time.”

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